Delta Exchange – Promising Crypto Derivative Exchange
As volatility returns to the cryptocurrency market, traders are once again looking for platforms where they may trade derivatives in order to hedge their risks. Despite the fact that Bitmex continues to dominate the crypto derivatives industry, a new derivative exchange, Delta Exchange, is quietly catching up and garnering positive feedback from its users.
Delta provides complete transparency as well as robust support. The Delta exchange team is also working on cutting-edge solutions like as automated trading techniques, which will allow traders to trade 24 hours a day, seven days a week without having to write any code.
Introduction to the Delta Exchange
Delta Exchange is a derivatives exchange that specialises in the trading of cryptocurrency futures. Delta offers futures contracts in bitcoin, ethereum, xrp, and xlm, with up to 100x leverage. The Delta exchange team is also working on making everlasting swaps available on the platform as soon as possible.
Delta’s founding team is extremely strong, and they are trained by industry veterans such as Prof. Bhagwan Chowdhry, who serves as an advisor to Stellar Lumens.
Trading pairs that are supported include:
Currently, at the time of writing this article, delta exchange offers the following four trading pairs: bitcoin to dollar futures, ether to dollar futures, xlm to bitcoin futures, and xrp to dollar futures. According to the team, permanent swaps are in the works and will be available in the near future.
Bitcoin-US dollar futures are quoted in US dollars and margined in bitcoin.
ETH-USD Futures: Quoted in USD and margined in ETH, these contracts are traded on the ETH-USD exchange.
In the case of the XRP-USD futures contract, the price is quoted in USD and the margin is calculated in XRP.
XLM-BTC Futures: Quoted in Bitcoin and margined in Bitcoin, respectively.
Fees:
The pricing structure of Delta Exchange is outlined in the table to the right.
Process for Signing Up:
The sign-up process at delta is really straightforward. Signing up is simple and only requires your name and email address. Sign up can be done by clicking on this link. Once you have signed up, you will need to validate your email address before you can begin trading.
For the next six months, use this link to receive a 15 percent discount on trading costs on the Delta Exchange.
Trading:
Once you have registered, you will be able to begin trading on Delta Exchange. The Delta exchange accepts solely Bitcoin as a form of payment and withdrawal. Log in and make a BTC deposit into your Delta wallet before you begin trading.
Mock Trading Terminal (Mock Trading Terminal)
The trading terminal at Delta Exchange is one of the company’s distinguishing characteristics. If you are new to margin trading, we recommend that you experiment with the Delta Exchange’s fake trading terminal to become more familiar with the process of margin trading.
Program for referring customers:
Delta has by far the most generous referral programme of all of the cryptocurrency exchanges. The referrer receives a 25 percent commission for the first year and a 10 percent commission for the rest of his life on all of his referrals, while the referee receives a 15 percent discount on trading costs for the first six months.
If you want to learn more about the recommendation programme, you may do so by visiting the following link: Delta referral programme.
Conclusion:
Delta exchange appears to be a promising project, and its popularity is increasing. The customer service is excellent, and the fee structures are significantly lower than those of any other rival.
We believe that the Delta exchange is something to keep an eye on, as it has the potential to become a serious competitor to Bitmex in the future. We’d be interested in hearing your perspectives on the subject.
